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Regression analysis was performed on a time series containing 4years of quarterly sales. The sales data contains a seasonaleffect, but no trend. The following estimated regression equationwas obtained. The sales forecasts for Quarters 2 and 3 of Year 6area.80, 164b.138, 122c.96, 138d.132, 116
Regression analysis was performed on a time series containing 4year…
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